Fha/VA Loan Addendum to Real Estate Purchase Contract is a legal document that was released by the Utah Department of Commerce - Division of Real Estate - a government authority operating within Utah.
Q: What is an FHA/VA Loan Addendum to Real Estate Purchase Contract?
A: It is an additional agreement attached to the real estate purchase contract specifically for buyers using FHA or VA loans.
Q: What does the FHA/VA Loan Addendum do?
A: It outlines specific terms and conditions related to the buyer’s financing, inspection, and appraisal requirements.
Q: Who typically uses an FHA/VA Loan Addendum?
A: Buyers who are obtaining financing through either FHA or VA loans typically use this addendum.
Q: What are the key elements of an FHA/VA Loan Addendum?
A: The addendum will include information about the loan type, financing contingencies, appraisal requirements, and any necessary repairs or improvements.
Q: Is an FHA/VA Loan Addendum required in Utah?
A: While not mandatory, it is highly recommended for buyers using FHA or VA loans to include this addendum in their purchase contract in Utah.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Utah Department of Commerce - Division of Real Estate.